Philly.com has an interesting breakdown of the financing involved in keeping regional department store chain Boscov's afloat. A couple of weeks ago, a bankruptcy court approved a plan under which a family group led by Albert Boscov and Edwin Lakin...

Fitch Ratings lowered its industrywide outlook for commercial real estate owners Wednesday, citing a worsening economic outlook and tight credit markets. The rating agency downgraded its outlook for the real estate investment trust sector to...

The biggest slump in U.S. consumer spending since 1942 will extend the recession and push the jobless rate to the highest level in a quarter century, according to economists surveyed by Bloomberg News. Household spending will drop 1 percent in...

Safeway, owner of Dominick's grocery stores, has created a real estate development business that has reviewed 36 projects for possible development and is working actively on a handful of the projects, a spokesman confirmed. The spokesman declined...